BMW, Mercedes-Benz Panic Over US Election Results
The US election results are in and some people have been surprised by the outcome while BMW and Mercedes-Benz have been in a panic over the results. This is the result of an auto industry association saying that Donald Trump being US president may impede the trade and flow of goods.
Unless you have been hiding under a rock you will know that on Tuesday Donald Trump was elected as the 45th president of the United States and the association, who is representative for brands such as the Volkswagen Group, BMW and Daimler said that the campaign is proof that competition between industrial nations is tough.
They said that the US under a new president may end up just like China, focusing mainly on their own economy and this is at the expense of international relationships and trade flows.
So if you have been in a fluster over the results of the US election you are not the only it seems as BMW and Mercedes-Benz have been put into a panic.